Hedge funds and other money managers had a net long position in WTI-linked futures and options equivalent to just 118 million barrels of oil on July 21, down from a recent high of 294 million barrels 11 weeks earlier.

4bn from the US gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission (CFTC).

This can be a potential double-whammy for some films--such as Star Wars: The Phantom Menace--released on different dates around the world--but which can be downloaded via the Net long before local theatrical release.

The Commitments of Traders reports as of September 18th showed Non-Commercial traders were net long 214,309 contracts, a decrease of 19,493 contracts for the week and the long-liquidation selling trend is seen as a short-term negative force.

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